Earlier launch, policy shifts fuel historic FAFSA rebound

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FAFSA completion during this college application cycle has hit an all-time high among graduating high school seniors, ensuring more learners will access higher education with a slate of federal, state and institutional financial aid.

More than 55% of the high school class of 2026—over 2.2 million people—had submitted the FAFSA as of May 8, according to the National College Attainment Network’s FAFSA Tracker tool.

This cohort set the record weeks ahead of schedule. The previous record-holder, the class of 2018, reached 54.4% by June 30. Completion is also up 11.3% over last year.

At the state level, New Mexico, Florida, Alaska and Arizona have year-over-year increases of at least 20%. Every state has higher completion rates than last year.


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“We have set the record; the only question left is how many percentage points above the old record we can reach,” Bill DeBaun, senior director of data and strategic initiatives at NCAN, wrote in an announcement.

This year’s success can be attributed to several changes:

  1. The form was released on Sept. 24, more than two months earlier than the previous two years.
  2. High school counselors and college access groups had more time and resources to support students.
  3. The Office of Federal Student Aid introduced process improvements such as instant verification, cutting turnaround from days to one.

State policy also played a role. Nine states have adopted universal FAFSA measures; at least 60% of seniors in California, Texas, Illinois, New York and New Jersey had filed by May 1.

Underserved learners also contributed to the record year. By the end of January, filing among seniors at low-income and high-minority high schools was at least 60% higher than the previous year.

This cycle marks a significant turnaround from the botched rollout of the new simplified form in January 2024, which launched three months late. Less than half (46%) of the class of 2024 completed a FAFSA form that year.

Alcino Donadel
Alcino Donadel
Alcino Donadel is editor at University Business covering college leadership, enrollment, and career readiness since 2023. He is a first-generation journalism graduate from the University of Florida with triple citizenship from the U.S., Ecuador, and Brazil. Find Alcino on LinkedIn or email him at [email protected].

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